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Mixed-Use Building with Storefronts
For Sale
$1,800,000

5120 W Grand Avenue, Chicago, IL 60639

COMMERCIAL - Chicago, IL

Lot Size0.39 Acres
Days on Market51

Property Features for 5120 W Grand Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning COMMR
Directions Cicero Ave. west on Grand Ave. to address. Laramie Ave. east on Grand Ave. to address.
Subdivision CHI - Belmont Cragin
Standard status Active
APN 13332240290000
Lot size 0.39 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 10545

Utilities

Cooling system Window Unit(s)

Building Details

Year built 1927
Floors in Building 2
Number of units 13
Building materials Brick, Concrete
Listing Agency: Century 21 Circle · Coldwell Banker Real Estate
Listed By: Mark Ahmad · License #471007186
Added: Jun 12 Changed: Jul 28 Last Checked: Aug 1 at 9:06AM
MLS# 12655383

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Well-maintained mixed-use investment property featuring 10 residential apartments and 3 commercial storefronts. The offering is described as having extensive capital improvements, including newer windows, roof, tuckpointing, electrical updates, and unit kitchen and bathroom renovations. Zoning information provided includes COMMR, with B3-1 referenced in the remarks.

The property is positioned on W Grand Avenue and is described as high-visibility with vehicle and pedestrian traffic. It is located near CTA bus lines and the Grand/Cicero Metra station, with retail and services in the surrounding area including the Brickyard retail corridor and nearby Walmart, shopping centers, restaurants, and neighborhood services.

The configuration combines apartment units with street-facing storefront space, supporting an income-producing mix within a single building.

Key Highlights

  • Mixed‑use building with 10 residential apartments and 3 commercial storefronts
  • Year built 1927; brick and concrete construction materials
  • Extensive capital improvements reported: newer windows, roof, tuckpointing, electrical, kitchens, and bathrooms

Property Analytics

Current Use

El Rey Del ... Food Processing Plant

Suggested Use

Top Pick Law Firm Real Estate Agency (Bike/Boat/Book/etc) Store Skin Care Clinic Acupuncture Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

10
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

992
Businesses Nearby

Demographics for 60639, IL

89,543
Population
28,656
Households
3.1
Avg Household Size
34
Median Age
15%
College-Educated
69%
High-School Grad
5.0 sq mi
ZIP Area
17,909
Density / Sq Mi
$59,710
Median Household Income
$34,846
Median Earnings
$1,212
Median Rent
$289,000
Median Home Value

Market

Properties on Market for Mixed-use properties in Chicago

Feb
Mar
Apr
May
Jun
Jul

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Well-maintained mixed-use property with 10 apartments and 3 commercial storefronts on Grand Avenue in Chicago.
Where is this mixed-use property located?
The property is located at 5120 W Grand Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: Mixed‑use building with 10 residential apartments and 3 commercial storefronts; Year built 1927; brick and concrete construction materials; Extensive capital improvements reported: newer windows, roof, tuckpointing, electrical, kitchens, and bathrooms
More about this property
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